# PPP loan: YOUNG'S ELECTRICAL CONTRACTING, INC
> **$450K** approved 04/10/2020 · Paid in Full · Loan `1413077105`
## Borrower
- **Name:** YOUNG'S ELECTRICAL CONTRACTING, INC
- **Address:** 413 NE VAN LOON LN SUITE 116, CAPE CORAL, FL, 33909-2505
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 52
## Lender
- **Originating:** Sanibel Captiva Community Bank
- **Servicing:** Sanibel Captiva Community Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*